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Crashing out of the EU will cause havoc to British flights, road haulage and the City of London, the European Commission warned on Wednesday, as it ruled out a “managed no deal Brexit” and announced emergency plans to protect the bloc from the worst impacts of Britain leaving without an agreement.

Jean-Claude Juncker, the president of the European Commission, said, “The risks of a disorderly exit of Great Britain from the EU are obvious. It will be an absolute catastrophe. Therefore, the Commission is trying to, as well as the member states, are trying to prevent this disorderly exit from the union, but it takes two to tango decently."